2 comments on “David Stockman: Amazon Is The ‘Bubble Tracker’”

My guess is that The Bubble survives by FOMO and these other memes : ” The only game in town ” ; What would be a safe-haven if the Bubble Pops i.e. wouldn’t all asset classes fall together ; And possibly , like a self fulfilling prophecy or Soros’s Reflexivity , not buying the Bubble will cause the Pop.
Money seems to have the properties of a gravitational force . This market is behaving like a financial Black Hole of which the Event Horizon has already been breeched . Maybe It ‘ s Humanity’s Bubble that has popped and we didn’t notice because we only have eyes for econometrics .

Great article thank you for all your knowledge and insight i personally believe your correct!
We both can agree there will be a major stock market crash coming its the question of whether its if its more of WHEN?
A stock market crash will be the least of our worries if it gets really bad then we go to war thats really my biggest fear. Look at the last 200 years of stock market crashes and major wars that followed them ranging anywhere from 4 – 11 years after a low was in place. Then only exception was the last one we had in 2009 thats because we injected our last ammo in the cannon to avoid the big one. The next one we have no ammo left meaning bailout money.
Further more Amazon stock with a 880 Billion Dollar market cap that’s over half the size of Russias GDP and they have over 140 million people there. Heck this companies market cap is larger then 160 countries GDP.
Crazy times and crazy markets.
People didn’t learn there lesson last time maybe this time they will.